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Dong Nai’s first-half trade surplus forecast to hit 600 million USD

The southern province of Dong Nai expects to enjoy a trade surplus of nearly 600 million USD in the first half of 2017.
Dong Nai’s first-half trade surplus forecast to hit 600 million USD ảnh 1Illustrative image (Photo: VNA)
 
Dong Nai (VNA) – The southern province of Dong Nai expects to enjoy a trade surplus ofnearly 600 million USD in the first half of 2017.

According to the provincial People’s Committee,Dong Nai aims to earn 8.1 billion USD from exports in the first half of theyear, up 11 percent against the same period last year. Meanwhile, its importturnover in the period is estimated to reach 7.51 billion USD, an increase of21.3 percent. 

Of the export earnings, the foreign-investedsector is projected to contribute 7 billion USD, up 12 percent, while thenon-state sector and the state sector are forecast to make up 963 million USDand 108 million USD, respectively.

The trade surplus is attributed to the export growthof hard currency earners such as footwear with 1.3 billion USD and garmentswith 704 million USD, while wood and wooden furniture and textile products areestimated to contribute 508 million USD and 560 million USD, respectively.

Dong Nai’s export revenues from the Republic ofKorea market recorded the highest growth of 19.6 percent, followed by Chinawith 19.2 percent; Japan, 9.6 percent and the US, 5 percent.

In the first five months of the year, Dong Naiprovince raked in over 6.6 billion USD from exports while importing 6.1 billionUSD worth of products. –VNA 
VNA

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